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Foreign Investment

Nigeria Cuts Petrol Imports as Local Refining Rises in December

KEY POINTS Petrol imports fell by 19 percent in December, while local refinery supply...

Abia Obidient Group Denies Threat to Withdraw Support for Otti

Abia’s Obidient Movement says reports linking its support for Governor Alex Otti to ADC defection plans are false and misrepresent its position.

Tinubu’s Bold Pitch: Nigeria Emerges as Prime Investment Destination for Samsung

In a strategic move aimed at wooing global investment, former Lagos State Governor and...

Nigeria’s Economy Suffers as Foreign Investment Hits 11-Year Low

Nigeria, Africa’s largest economy, has seen a sharp decline in foreign investment in the...

Nigeria’s Textile Sector Seeks Infrastructure, Policy Reform

Nigeria's textile industry seeks infrastructure improvement and policy reform for growth.

Nigeria’s Fiscal Dilemma: Rethinking Budget Funding Beyond Borrowing

In a pivotal address to the joint Senate Committee evaluating the 2024-2026 Medium Term...

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Nigeria Cuts Petrol Imports as Local Refining Rises in December

KEY POINTS Petrol imports fell by 19 percent in December, while local refinery supply...

Abia Obidient Group Denies Threat to Withdraw Support for Otti

Abia’s Obidient Movement says reports linking its support for Governor Alex Otti to ADC defection plans are false and misrepresent its position.

Aid Cuts Deepen Hunger in Northeast Nigeria, WFP Says

WFP warns that aid cuts in northeast Nigeria are deepening hunger as funding shortfalls force sharp reductions in food and nutrition assistance across the region.

Tony Elumelu Urges CEOs to Lead With Trust, Not Titles

Tony Elumelu says modern leadership is built on trust, accessibility and execution, not hierarchy, as his businesses post landmark banking and energy deals.